A spread bettor can trade anywhere anytime so long as they have an internet connection. The best providers offer state-of-the-art trading platforms that allow you to trade 1000s of markets from the convenience of your own computer, tablet or mobile phone. Choosing a spread betting broker gives you near-instant access to the international markets. Subject to your individual circumstances, this means that spread betting has the potential to be cheaper than buying and selling shares.Īccess to global markets. In the UK, financial spread betting is exempt from UK Capital Gains Tax and UK Stamp Duty. So what are the main rewards and risks of financial spread betting? Rewards Traders who truly know their edge are aware of the risks involved for them in the markets they trade. One of the key traits of a successful trader is being highly attuned to this risk/reward balance. Once you have a suitable trading plan, the spread betting broker you choose is highly important.
However, you could incur large losses if you fail to prepare a suitable trading plan and associated risk management strategies. If you successfully navigate the risks, then the rewards can be massive. This is certainly true of financial spread betting. Often the most rewarding pursuits carry an element of risk.
